Suburb Profile Report for Strathdale VIC (3550)

Strathdale House: Median price $421,250, Annual capital growth 4.85%, Number of sales 89, Weekly median advertised rent $330

Strathdale Unit: Median price $242,500, Annual capital growth 4.66%, Number of sales 12, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 2471th in the list of Australian suburbs ordered by increase in median house value over the last year, Strathdale, 3550 is in the BOTTOM 50% with a property value increase of 2.74% recorded in median house prices.

Across a shorter period, Strathdale, 3550 has seen a median price increase of -1.17% over the last quarter.

At number 245th of VIC’s most discounted properties, Strathdale is in the bottom 40% of the state/territory when listing in order of most discounted to least.

At number 2079 in a list of fastest selling suburbs, Strathdale is just in the bottom half of suburbs in Australia with an average of days on market 86.04 for properties listed there.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of 4.85%, investors should hope to achieve an overall return of 4.07%

At number 1323th in the list of Australian suburbs ordered by increase in median house value over the last year, Strathdale, 3550 is in the BOTTOM 30% with a property value increase of -3.00% recorded in median house prices.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Strathdale, 3550. Typically our figures indicate that -4.49% is being offered, which puts this VIC suburb at 960th most discounted overall in Australia.

At number 796 in a list of fastest selling suburbs, Strathdale is just in the bottom half of suburbs in Australia with an average of days on market 79.9 for properties listed there.

Using the current median advertised rental of $250 and the average annual increase in value of a median property of 4.66%, investors should hope to achieve an overall return of 5.36%

Metrics i HOUSE UNIT
$421,250 $242,500
-1.17% N/A
2.74% -3.00%
4.85% 4.66%
$330 $250
89 12
4.07% 5.36%
86.04 79.9

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 5694
Median household income ($/weekly) 1145
Median age of persons 43
Median housing loan repayment ($/monthly) 1509
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 716 12.6
    35-44 years 642 11.3
    45-54 years 805 14.1
    55-64 years 828 14.5
    65-74 years 559 9.8
    Others 2145 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 2305 54.2
    Not Married 1646 38.7
    Defacto Relationship 298 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5038 91.7
    Papua New Guinea 28 0.5
    Thailand 23 0.4
    United Kingdom 149 2.7
    Other 64 1.2
    Others 193 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 0.9
    Christianity 3941 74.7
    Hinduism 12 0.2
    Islam 18 0.3
    No Religion 1249 23.7
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 221 11.2
    $600-$799 226 11.4
    $800-$999 219 11.1
    $1,000-$1,249 205 10.3
    $1,500-$1,999 259 13.1
    Others 851 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1751 39.0
    Employed, worked full-time 1466 32.7
    Employed, worked part-time 1003 22.4
    Employed, away from work 151 3.4
    Unemployed, looking for work 115 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 360 13.8
    Professionals 663 25.3
    Community & personal service workers 301 11.5
    Clerical & administrative workers 392 15.0
    Sales 287 11.0
    Others 615 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 69 5.0
    Infants/Primary 446 32.2
    Secondary 435 31.4
    Technical or Further Educational Institution 120 8.7
    University or other Tertiary Institutions 268 19.4
    Others 46 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4925 92.0
    Semi-detached, row or terrace house, townhouse 294 5.5
    Flat, unit or apartment 132 2.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 973 45.5
    Being purchased 612 28.6
    Rented 541 25.3
    Other tenure type 13 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals